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Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts

Friday, March 31, 2023

BPI offers flexible payment options to Art in the Park 2023 fairgoers

March 31, 2023 0 Comments

One of the galleries that will be participating in Art in the Park 2023 is Art Cube Gallery featuring Isko Andrade for special exhibits. For this year’s art fair, 60 exhibit booths representing galleries, art collectives, independent art spaces, and student groups will be showcasing and selling an assortment of exceptional pieces by seasoned and rising artists

Looking to build your art collection on a budget? Don’t miss this chance as the annual Art in the Park, famed for being the most anticipated affordable art fair in the country, returns outdoors on March 19, at Jaime Velazquez Park, Makati City to mark its 17th year of celebrating and championing Filipino artistry.

The Bank of the Philippine Islands (BPI) once again teamed up with Art in the Park 2023 to offer flexible payment options for fairgoers with BPI Cards when they shop for art at the exhibit-sale, which runs for one whole day from 10 a.m. to 10 p.m.

“BPI has been supporting Art in the Park for continuously uplifting the vibrant Filipino art scene and for providing a platform for our valuable contributors of art whose works truly merit more support and respect. It also makes art accessible to Filipinos, helping them learn more about art and Filipino artists,” said Jenny Lacerna, BPI Product and Sales Head for Unsecured Lending and Cards.

For this year’s edition, 60 exhibit booths representing galleries, art collectives, independent art spaces, and student groups will be showcasing and selling an assortment of exceptional pieces by seasoned and rising artists.

One of the galleries that will be participating is Art Cube Gallery featuring Isko Andrade for special exhibits.

“Art Cube Gallery has been a backbone of the Philippine contemporary art scene since it was established in 2012 for helping Filipino artists get their well-deserved spotlight,” said Lacerna.

The said Gallery provides a platform for talented young artists to showcase their works before an extensive roster of art collectors, as well as help promote the careers of seasoned artists by giving art aficionados a broad access to their work in international art exhibitions. The gallery has so far mounted over 100 art exhibitions here and abroad involving award-winning and seasoned artists, as well as promising young painters and sculptors.

Francis Eugene E. Andrade, also known as Isko Andrade, is a young artist based in Bulacan who has been known for sharing his stories through his artworks that evoke a sense of nostalgia. He received several awards and citations such as Shell National Student Art Competition and Metrobank Art Design Excellence Competition. He is a graduate of fine arts with a major in visual communication at Bulacan State University.

For his show titled Intersections II, Andrade uses knots as his art subject to depict his own impression of ‘persevering’ by utilizing oil paint on canvas.

Lacerna said art as an asset remains an auspicious investment as it tends to hold its value over time in contrast with other asset classes whose value has the propensity to decline sharply when the market crashes.

“What’s really enticing about collecting and investing in art is that aside from having a potential lucrative return in the long-term, they can also make stunning display pieces at home,” she said.

BPI Cardholders can enjoy an exclusive Real 0% Special Installment Plan for up to 6 months and buy now pay 3 months later using their BPI credit cards.

Organized by Philippine Art Events, Inc. and supported by BPI, Art in the Park will continue to benefit the Museum Foundation of the Philippines in support of its projects and programs for the National Museum of the Philippines and its network.

For more information about Art in the Park and BPI’s special offers, follow www.facebook.com/bpi and www.facebook/artinthepark on Facebook, or visit www.bpi.com.ph/ and www.artinthepark.ph.

Tuesday, July 19, 2022

It’s raining affordable jewelry with Cebuana Lhuillier’s “Rainy Day Gold Rush Sale

July 19, 2022 0 Comments

Buying and collecting gold jewelry go beyond aesthetics nowadays. With the value of gold continuously on an upswing and even expected to outweighs inflation risks (source), now is the best time to buy jewelry. It’s an investment that you can use for your personal enjoyment, as well as a dependable source of cash in times of emergency. 



Cebuana Lhuillier is giving its loyal clients and general public another taste of its widely-anticipated jewelry sales with the announcement of its “Rainy Day Gold Rush Sale,” set to take place from July 13 to 19. 


The country’s most trusted micro financial services company is offering discounts 

of 10% off plus up to 50% off for selected jewelry available in more than 3,000 branches nationwide. Meanwhile, clients can enjoy discounts up to 25% off when they purchase in any of Cebuana Lhuillier Jewelry Premium (CLJP) and Just Jewel branches nationwide.


Jean Henri Lhuillier, Cebuana Lhuillier president & CEO, has always encouraged the public to take advantage of gold sales in order to build a sizable investment that can serve as back-up during times of emergency. “Unlike high-end gadgets, gold jewelry will never lose its value over time. Instead, it will serve as a good source of emergency fund during times of need. Buying jewelry will always serve as a wise purchase,” he adds. 


Contrary to the usual, pawnshops are also good source of jewelry. Buyers are assured on the quality and authenticity of the items purchased, especially since all the items offered have been thoroughly appraised.  


Discounts can also be enjoyed in any of CLJP’s online presence: through the official website of Cebuanalhuillierjewelry.com and any e-commerce platforms such as Shopee, Lazada, and Zalora, where all items available at a 10% discount. 


For more information, go to www.cebuanalhuillier.com or visit https://www.facebook.com/cebuanalhuillierpawnshop.


Friday, March 25, 2022

Protect Lives and Livelihood with These Easy Fire Prevention Tips and with Cebuana Lhuillier ProtectMax

March 25, 2022 0 Comments

In the first two months of 2022 alone, the Bureau of Fire Protection (BFP) announced that fire incidents have already increased by almost 13% compared to the same period last year. In addition, back in 2020, data from BFP also showed that open flame due to torch, unattended cooking, and electrical connections are the main causes of fire accidents. 



Like other threats and risks of loss in any unfortunate events such as natural calamities, impacts due to fire and negligence mishaps, thousands of lives and millions up to billions worth of properties are being lost every year, and the need for a financial tool arises to make financial impacts less severe.


“Damage caused by fire is insurmountable. It affects the lives and livelihood of many Filipinos, regardless of their economic status in life. Unfortunately, our kababayans in the marginalized sector can experience bigger risk and more profound impact. Backed by our commitment for financial inclusion, we also want common Filipinos to be able to afford protection and security as a part of their financial plan. It is crucial that they have access to basic security requirements to cushion the blow of disasters that may happen,” Cebuana Lhuillier CEO and President, Jean Henri Lhuillier said.


As the country observes the annual Fire Prevention Month, here are some tips from the BFP to make sure that your house is safe from fire:


1. Unplug items you’re not usingappliances when they are not in use 

Unplugging items when not in use not only reduces your electricity consumption but also cuts down the chances of a fire. Excessive electricity flowing through appliances like TV sets, computers, and a lot more – or a possibility of power surge can be a source of conflagration.


Make sure to always unplug your appliances when leaving the house.


2. Never leave flames or heated appliances unattended

Always be cautious of any excessive flames that you may use like lighting candles or cooking. Always keep an eye and one step ahead if anything goes wrong. Much better if you can install fire alarms or have fire extinguishers ready, nearby.


3. Keep flammable items away from things that can be a source of fire

Proper storage of different items and supplies can prevent a fire incident. Ensuring that flammable items are stored in the right place and are far away from a source of heat, can save you from a possible accident.


4. Declutter

Too many things cluttered in an area can give fire plenty of space to spread faster. By decluttering certain areas in your home, you’ll be able to minimize the risk of spreading fire, minimize your loss, and save your home in the event of a fire.


5. Check your electrical wirings regularly

Pay close attention to any visible faulty wirings. This can damage your appliances that can eventually lead to a fire incident.


Always remember that prevention is always better than cure. Knowing these fire prevention tips could save you and others from a devastating event.


“This Fire Prevention Month, it is important to raise awareness about fire safety and prevention. Apart from being ready when a fire incident happens, it is also important that common Filipinos have a safety net in case it happened. This is our main mission for our microinsurance product, ProtectMax. This product offers comprehensive coverage at a more reasonable cost,” First Vice President and Group Head of Cebuana Lhuillier Insurance Brokers Inc., Jonathan Batangan mentioned.


To lessen the risk brought by fire and other natural calamities, Cebuana Lhuiller offers ProtectMAX, an affordable microinsurance product designed for individuals aged 7 to 70 years old with Death Benefit, Accident or Sickness Emergency Cash Assistance, Accidental Dismemberment and/or Disablement, Murder, and Unprovoked Assault and Residential Fire Reconstruction cash assistance.


For as low as P50, get a total coverage value of up to P61,000.00. Each certificate is valid for four (4) months from the date of issuance and can be availed up to a maximum of 5 certificates per insured in a year. 


To know more about Cebuana Lhuillier ProtectMAX, visit the nearest Cebuana Lhuillier branch or just log on to www.cebuanalhuillier.com. Avail ProtectMAX now in almost 3,000 branches of Cebuana Lhuillier, nationwide. 

Tuesday, February 8, 2022

Let Love Sparkle with Cebuana Lhuillier Jewelry’s Special Valentine Sale

February 08, 2022 0 Comments

Celebrate your love with Cebuana Lhuillier and its high-end jewelry line as it offer nationwide jewelry sale





Valentine’s Day is considered to be one of the most romantic days of the year. It is an extra special time to express your love and affection to your special someone!


For many of us, giving gifts during the Valentine’s season is one of many ways to show how special someone is in our lives. The season of hearts can be nerve-racking for someone who really spends time thinking about a perfect gift for the perfect someone. Others might want to give a more unique present or would opt to do away with the usual heart-shaped chocolates and flowers.


If you are looking for ways on how to express your feelings for someone dear or you want to gift it for yourself as a way of loving and spoiling yourself, choose jewelry. It is something one can use and wear everyday and treasure for many years. They are considered to be powerful allies to win hearts, celebrate important events, or reward achievements.


“Jewelry is one of the most unique and special presents one can buy, regardless of age and sex. You can gift it to your special someone, to your friend or even to your parents. It’s that kind of a gift that captures the essence of making someone feel important, precious, and valued.”, CEO and President Jean Henri Lhuillier said.


Aside from these jewelry pieces being the perfect gifts for the season of love, this can also be a good investment throughout the years. Compared with the other presents you can give this February 14, jewelry can be meaningful and also practical.


This Valentine’s Day up to February 19, Cebuana Lhuillier, Cebuana Lhuillier Premium, and Just Jewels are holding a six-day Valentine’s Gold Rush Sale nationwide. Shop in over 2,500 Cebuana Lhuillier branches nationwide and avail discounts on all items. You can also shop online through Cebuana Lhuillier, Just Jewels, or Cebuana Lhuillier Jewelry Premium Facebook pages.


Get 10% off on all on all items and up to 50% off on selected jewelry items nationwide. Visit Cebuana Lhuillier, Just Jewels, or Cebuana Lhuillier Jewelry Premium branches nationwide or shop online via Cebuana FB Live Selling or cebuanalhuillierjewelry.com.


To know more about Cebuana Lhuillier’s Valentine’s Day Gold Rush Sale, go to the nearest Cebuana Lhuillier near you or just log on to Cebuana Lhuillier’s official Facebook page at www.facebook.com/cebuanalhuillierpawnshop or cebuanalhuillierjewelry.com.


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Friday, September 25, 2020

How COVID-19 impacted the real estate market in the UK?

September 25, 2020 0 Comments
This COVID-19 pandemic really affects the whole world. It has rapidly spread and truly a global crisis as no country is spared. A lot of businesses have been impacted. Some responded to reducing hours of work, manpower, or closing down temporarily. Even the real estate industry is affected by this pandemic.

What is Real Estate?
When people ask "what is real estate investing" it normally has to do with you finding a good property below market value that will be generating short or long-term income. Whether it is residual income or profits from buying wholesale and selling retail. It all depends on what you have acquired the property for. Also depending on if you decide to sell or keep as a rental property, will determine what is known as return on investment. Basically, it comes down to how much money you spent versus how much money you got back in returns.
When we say real estate it always comes with a mortgage.

According to Money Advice Services in the UK,
"A mortgage is a loan taken out to buy property or land. Most run for 25 years but the term can be shorter or longer. The loan is 'secured' against the value of your home until it's paid off. If you can't keep up your repayments the lender can repossess (take back) your home and sell it so they get their money back." 
Here's Mortgage Calculator UK will help you calculate the interest rates of your loan. 


In addition to that, across the United Kingdom, around 65 thousand to 70 thousand mortgages are approved each month. This is from a low of around 30 thousand after the global financial crisis of 2008 to 2009. Prior to the recession, the monthly rate was closer to 80 thousand to 130 thousand loans completed per month. In the first quarter, this amounted to £63.3 billion in new loan originations.

The UK Government published a guide on home moving during the coronavirus outbreak.

The process of searching for and moving into a new home is different because property agents, conveyancers, and other professionals have modified how they work to reduce the risk from COVID-19. These changes could include doing more online, such as offering virtual viewings; vacating your current property during viewings; and ensuring your property is thoroughly cleaned before someone else moves in.

The Bank of England cut its interest rate to 0.1% on March 19, 2020. In spite of the BoE easing policy, many banks have tightened lending standards.

During lockdowns far fewer homes were sold across the UK, leading to record sales from pent-up demand after the lockdown ended.

According to The Guardian, UK recession expected to continue until spring amid Covid-19 surge. City says economic fightback is running out of steam as new restrictions are announced.

As a Covid-19 second wave spreads and the government launches fresh measures to restrict business and social life, City economists warned that the fightback from the deepest recession in history begun this summer was running out of steam.

Dashing hopes that the Covid recession could be among the shortest downturns in history, analysts from Bank of America said growth in gross domestic product (GDP) would probably stall in the fourth quarter and the first three months of 2021.

Robert Wood, the chief UK economist at the bank, said: “We struggle to see how the economy can grow in the fourth quarter with escalating lockdown measures, fading stimulus and Brexit risks.”

At the end of the day, everyone should stay at home, be safe and be strong. May this pandemic ends very soon. Let's all pray and have faith.



Sunday, July 12, 2020

Calculating your Savings!

July 12, 2020 0 Comments
Most of the time, the hardest thing to do is to start simply about saving money. A lot of people struggle to start when to save lots of money for future goals such as vacation, emergency funds, or retirement. As for this pandemic issue, people should realize that saving money is really important so that when we face again this kind of problem, we are all ready and good to go. No need to ask for government assistance. 

I would like to share with you some ways to save money and how to calculate it.

1. Record your expenses. Keep track of all your expenses. List down your monthly bills so that you'll know how much and where your money goes. Decide which one to let go of.

2. Create a budget. Once you've got a plan of all your expenses, you'll be able to create your budget for the month and it should be served to your income. Your income must be divided into expenses, savings, and other emergency matters.

3. Plan on Saving Money. Now that you've created a budget, be determined to put away 15-20% of your income. If your expenses are too high that you can't save money, simply pick all the non-essentials. Lessen the times you spend money eating out and buying branded stuff. 

4. Choose something to save for and decide your priorities. One of the simplest ways to save lots of money is to set a goal. Maybe you want to go to Korea someday for a one week vacation or planning to buy a car, then find out how long it'd take you to save for it. If you would like help determining a timeframe, there's this site that will help you calculate your savings, it's called Pigly. 

This calculator makes it easy to figure out how much interest an investor will earn from a one-time deposit, a series of regular deposits, or both. This calculator does not account for inflation or income taxes. If you would like to factor those into your calculation please use this calculator.




5. Watch your savings grow.  Always check your progress each month, so that you'll be able to fix issues quickly. 

Saving money can be easier than you think. Start small and make short-term goals. And be productive and think of more ways to earn money so that you can save lots of it. Happy saving everyone!

Sunday, May 3, 2020

Savings, Budgeting and Frugal Living Calculation Tools

May 03, 2020 0 Comments

I am a mom for nine years now and I can say that life is not easy. Going 7 years now that I decided to stay at home and be a full-time mother. I resigned from being an accounting staff which was our source of income. I only earned a minimum rate that can only provide for my daughter's needs, fare and some food to eat. We didn't have our own house, we stayed at our inlaws so I was grateful we're not obliged to pay for bills such as electricity, water, internet, and rent. But as time went by, I realized that it was not being practical. It was that we were not able to stand on our own. We should do something and keep doing our best to live the way we really want. 

As I always said to my previous post, my husband decided to work abroad but only earned a minimum wage too. So to make the story short, I don't want to just stay at home and doing nothing, I want to help my husband. I started to look for something that I can have free items not for myself but for my kids. I joined giveaways and contest online - Facebook, Twitter, Instagram, and Blogs. I, fortunately, won some that I can't imagine I was able to have. I called it being frugal. I did not spend money getting those items I won online. I also started blogging and found out that I can somehow make some money. Not that big but at least I can earn extra. So what I did, I saved that money I earned from blogging. Our expenses such as food to eat (grocery for my kids' supplies in school), fare for school service, tuition fee, government remittances ( SSS AND PAG-IBIG), and whenever we go out or we visited my parents - that's where my husband's remittances were spent. 
I won a month's supply of diapers.

I am the kind of mom that I must think to "save" rather than "spend". I don't buy new clothes, shoes or whatever I want. What I always thought, I have to spend the money on what we really need. I considered my self lucky because I have sisters and inlaws that gave us presents especially my children. They gave us new clothes, shoes or food to eat. So I rather save money instead of buying everything that I already received from generous people around us, so that when the time comes like this Pandemic (Covid-19) or any emergency I have some money to keep us going. That's the power of budgeting and save a lot, we can go on with our lives even without the help of government or anyone during times of crisis. 

I shared this because I want my co-mommies and daddies to be wise, let's start saving, budgeting, and be frugal when this pandemic ends. I really prayed a lot that the World comes back to normal. So that we can go back to usual, working, chatting with friends, reunion or gatherings, going to the beach, traveling and so on. If you have a lot of savings, yes you can do whatever you like but let us consider this "when you save money only in order to spend your money, you are not saving your way to success." 

I found out that there's an online tool that can help us to calculate our savings and budgeting, their site Calculator.me is quite broad so there are many relevant opportunities. Calculator.me is all about saving, investing, and frugal living which will help you calculate interests in investments, loans, mortgage, and even tax and inflation. If you visit their site, you will learn a lot of topics more about finances.

In this photo, if you spend $5,150.00 on an unnecessary product or service, and you could otherwise invest that money for 10 years, then spending the $5,150.00 could cost you $1,139.18 in foregone interest earnings. This would bring the real price-tag of what you are spending your money on to $6,289.18. So the question you should ask yourself is: Is what I am spending my money on worth $6,289.18?

Saving money to buy an expensive item does not help you reach success. Once the expensive stereo, car, or fancy dress is bought, the money is gone. True saving is when you keep your money, become wealthier, increase your assets and net worth, and then become a financial success because of it. 

Instead of buying your wants or unnecessary spending just to show off, why not invest it and see how much money you will gain in the long run. 

In my part, I paid government remittances like Pag-big every month so that my money will gain the interest of 8% annually. The higher the amount, the higher the dividend that will be added to my savings every year.

In order to have money to save, don't just stick to one income as many people say. You may be working as a minimum wager, but if you have more time, you may start building your own small business. You can be an online seller if you don't have a physical store yet. Be a blogger or vlogger. There are so many things to do to be able to earn. You just have to be patient and have much effort. 

Begin your plan to save correctly, to save more money, to maximize your savings, to change yourself from a "spender" to a "saver," to truly use saving to reach your financial success.

When the time comes you are financially stable, you can now start building your dream house, have a car and travel a lot.

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